Juniper Green and KPI Green Secure GUVNL’s Wind-Solar Hybrid Project Updated On Thu, Jan 25th, 2024 by Saurenergy Renewable Energy companies Juniper Green Energy Private Limited and KPI Green Energy Private Limited have been awarded the project for establishing 200 MW capacity, part of a 500 MW grid-connected wind-solar hybrid power project in Gujarat. The allocation was done by Gujarat Urja Vikas Nigam Limited (GUVNL). Another 500 MW allocation of the project will […] Read more
Neoen Starts Building 24.7 MWp Three Solar Farms in Italy Updated On Wed, Jan 24th, 2024 by Saurenergy Neoen, a renewable energy production company, launched the construction of its first three assets in Italy in December 2023. These three solar farms, with a combined capacity of 24.7 MWp, are located in Lombardy (8 MWp and 7.6 MWp), and Marche (9.1 MWp). The contract for their construction has been awarded to solar EPC system […] Read more
IREDA Signs MoU with IOB For Co-lending For Renewable Energy Projects Updated On Thu, Jan 18th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) pertaining to co-lending and loan syndication for a diverse spectrum of renewable energy projects across the country. The MoU includes provisions for co-lending […] Read more
Jakson Green Enters Into Joint Venture With RVNL in Solar Sector Updated On Wed, Jan 17th, 2024 by Saurenergy Jakson Green Private Limited (JGPL) and Rail Vikas Nigam Limited (RVNL) announced the formation of a Joint Venture that will explore opportunities in solar power projects in India and abroad. Under the joint venture, RVNL will hold a 49% stake of the green clean energy project, while a majority stake of 51% will be held […] Read more
Government Removes License Requirement For Energy Storage System Updated On Tue, Jan 16th, 2024 by Saurenergy Centre ends the requirement for license to operate and maintain the dedicated transmission lines by power generating companies for them to connect to the grid. Union minister RK Singh recently announced this decision stating that putting an end to the requirement of license for dedicated transmission lines for industry will lead to “ease of doing […] Read more
CERC Awards Compensation To Indigrid Solar Over Change In GST Rates Updated On Fri, Jan 12th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) granted compensation to Indigrid Solar-I (AP) Pvt Ltd. over escalated GST rates. The firm approached the Central Commission seeking compensation, citing increased project costs due to introducing GST on solar products. The solar power generator, in its petition, told the CERC that after the firm submitted […] Read more
Pinewood, Braithwaite collaborate to develop 500 MW solar project of MSEDCL Updated On Thu, Jan 11th, 2024 by Saurenergy Indian renewables’ investor Pinewood Systems (PSPL) has said that it has formed its “executive team” that will develop the company’s upcoming 500 MW Solar Project in collaboration with Braithwaite & Co., a public sector under the Ministry of Railways. Satish Jha, Chairman, Pinewood Systems said that the board has chosen a high-performing team educated at […] Read more
With Lowest Bid Of Rs 3.15, Only Three Winners For SECI 2000 MW Tranche VII Hybrid Tender Updated On Wed, Jan 10th, 2024 by Saurenergy NTPC Renewable Energy, Juniper Green Energy and Sembcorp emerged as the only three bidders acceptable to Solar Energy Corporation of India (SECI) for the 2000 MW ISTS connected Hybrid projects. With bids received for only 1265 MW, SECI had reduced available capacity to 1012 MW at 80% of aggregate bid capacity. The results for the […] Read more
Tripura To Connect 9,250 Remote Houses With Solar Micro Grids Updated On Thu, Jan 4th, 2024 by Saurenergy As the Central Government continues its infrastructure blitz in the North East, it has now allocated Rs 81 crore to the state of Tripura for the establishment of 274 solar microgrids in remote areas of the state. The solar based microgrid would illuminate more than 9,000 households and the initiative is part of the Ministry […] Read more